Answer:
The answer is:
More accounts have been written off than had been estimated
Explanation:
Doubtful debt or bad debt is an expense. According to the rule of accounting, debit increases an expense while debit decreases an expense.
So the debit balance balance in allowance for doubtful accounts tells us that there is an increase in expense which means that more accounts(bad debt) have been written off.
So we can infer from the debit balance that more accounts have been written off than had been estimated
Answer:
If a cheque was being issued to settle a account payable, the relevant entry is to debit the accounts payable account to show that the debt is being reduced. You will then credit the cash account to show that cash is being reduced as well because it was used to pay off the debt.
Date Account Title Debit Credit
XX-XX-XXXX Accounts Payable - Saurya Stores Rs. 39,000
Cash Rs. 39,000
Answer:
Related diversification strategy.
Explanation:
Related diversification is a business strategy in which a business enter a new industry which has some similarities with a company's existing business industry. The highest economic benefit will be achieved by a business if it enters into related diversification strategy.
Answer:
65000$ remains available for complete operation losses.
Explanation:
$20,000 of the $25,000 loss is paid by the policy. The $15,000 loss is paid in full. Together these payments reduce the $100,000 aggregate limit to $65,000.
Calculation
100,0000-20,000-15,000 = 65,000 $.
The form of promotion that would work for technical products like automobiles is b. Informative promotion.
<h3>What is informative promotion?</h3>
This is where features of the good being advertised are elaborated on to ensure the viewer understands the product's functionality.
This is useful for technical products like computers and cars as there is a need for customers to know what makes them better.
Options for this question include:
a. Persuasive promotion
b. Informative promotion
c. Connective promotion
d. Reminder promotion
Find out more on types of promotion at brainly.com/question/11131986
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